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20121205
20121213
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CSPAN
Dec 5, 2012 9:00am EST
say we have got 27 days left to see something good happen on this fiscal cliff. you know, when people tell you oh, it's very complicated, don't believe it. don't believe it. it's not complicated. there are several parts to this fiscal cliff. the biggest one is that the bush-era tax cuts are expiring on 100% of the people, and if they expire, it means people will have to pay more in taxes at a time when we don't want them to have to struggle. we want them to have disposable income because it's good for their families and it's good for the economy, it's good for business, it's good for economic growth. the bush-era tax cuts are expiring on december 31. why don't we find the common ground, get rid of that issue, get those tax cuts to the 98% of the middle class that need them and fight about the millionaires and the billionaires later? they are okay. they are just fine. and if we were to do that, that simple step -- and that means passing our bill that we passed on july 25. we did it. it's done. we don't have to worry about -- we did our job over here. we got the votes. pick it up
CSPAN
Dec 12, 2012 5:00pm EST
putting something together to avoid the so-called fiscal cliff, the disastrous i ask unanimous consent sequences of our not acting, tax increases for every american taxpayer, massive cuts to defense at a time when the threats around the world are as varied and as great as we've seen in a long time. other essential programs of the federal government being affected by that. that's the last thing we need in this tepid economy with a lot of people out of work and hoping for some consensus to come together to provide a -- a long-term solution to our fiscal problem that continues to have a negative effect on our economy and more importantly, keeps people out of work. and so as that clock ticks, some are saying, well, partisanship is just too great in washington. the country's too divided. we're not going to be able to reach a consensus here in terms of how to address this problem. i disagree with that. over the last two years, and more, we have had a number of proposals brought forward on a bipartisan basis. it started with simpson-bowles, the former chief of staff to president clinton and a
CSPAN
Dec 12, 2012 12:00pm EST
about the fiscal cliff and the tax increases that might come from that. but today i want to talk about something different. those are the tax increases that are coming regardless of what happens with the fiscal cliff. and those are the tax hikes that we're seeing because of president obama's health care law. people who have been following this closely know that president obama's health care law guarantees that middle-class families will pay higher taxes. the president promised repea repeatedly that he would not raise taxes on the middle class. as a matter of fact he said -- quote -- "if you're a family making less than $200,00200,000a year, my plan won't raise your taxes one opiniony. not your income taxes, not your payroll taxes, not your capital gains taxes, not any of your taxes." that's what the president said. but once he got into office, president obama arranged for his health care plan to be written behind closed doors. democrats in congress passed it, and they did it strictly along party lines. this law has included more than 20 different tax increases. these tax increases amount to more than a tr
CSPAN
Dec 12, 2012 9:00am EST
elements of his base a month after his re-election and weeks before the fiscal cliff he would still rather campaign than cooperate. and we'll find out this week if he has the will to change path and get something done or just double down on the campaigning. look, the election's over. the president may enjoy these political rallies, but it's really time to get serious. the american people are bravely concerned about the nation's future. they are counting on us to prevent the kind of crisis here that we have seen unfolding all across europe. republicans have engaged in these discussions in good faith. we have agreed to make tough choices. the question is where's the president? where is the president? where's the only man in the country who can make it happen? well, it appears that with just a couple of weeks left to resolve this crisis, he is busy moving the goal post. instead of leading as he was elected to do, he's out campaigning and playing games with the nation's future. so my sincere plea this morning is that the president gets serious, that he put the campaign behind him and lead. if he does, he will have willing partners. the first sign is seriousness, seriousness about spending cuts. now, ma
CSPAN
Dec 11, 2012 12:00pm EST
hearing that we are going off the fiscal cliff. as a 65-year-old texan, i don't understand why they want to cut programs from last when they're sending money to countries that don't do nothing for us. if i can live on 800 something dollars a month, getting $9 increasing in january. but these people in washington are getting hundreds and hundreds of dollars. why not take a cut in pay? why not put giving these countries all that money then we can budget what we are going to spend. >> host: that's the type of call that we get a lot. cut their salaries. >> guest: yes, we do hear this question a lot. and i think what you need to understand is that the amount of money that we spend on foreign aid is tiny. we could eliminate it entirely and would only make the slightest in this problem. just a tiny dent, not really enough. similarly, we could totally eliminate any reasons for federal workers and even cut their pay and again the effect would be tiny. so this is fun to talk about but it doesn't solve the problem because it is just a drop in the ocean. massachusetts, democratic caller. >> caller: hi. the woman that was just talking i disagree with her on a drop in the bucket when you look at curbing the government pay. when you g
CSPAN
Dec 7, 2012 12:00pm EST
week to unofficially discuss what is called the fiscal cliff. house budget committee ranking democrat chris van hollen, tennessee republican senator bob corker and other spoken of for him on the debt negotiations. the hour-long discussion was hosted by bloomberg government and the deloitte consulting company. >> good morning. i am the head of bloomberg government. thank you for joining us today and thank you to delayed for partnering with us at this event. plenary lunch limburg just over two years ago we had the aspiration of creating a one-stop shop with data, tools, news and proprietary knowledge to help government affairs, government professionals make better and faster decisions. we are a long way to succeeding in that but a big part of it is convening conversations on the big issues that face the nation today particularly at the intersection of business and government. today's discussion on the fiscal cliff clearly exceeds that far. we are honored to have such a thoughtful panel. senator mark warner, senator bob corker, congressman chris van hollen, governor tim pawlenty
CSPAN
Dec 13, 2012 5:00pm EST
improving on its own right now, and getting somewhat stronger so the impact of the fiscal cliff, while not something to be encouraged, may not be as bad as many had thought, and, certainly, it is not worth making bad policy that will have m r much longer range -- will have much longer range implications. the second issue, another kind of artificial date has been in law for decades, and congress periodically as a part of debate over whether to extend it. it's app interesting debate. there really is no option. you either extend it or you default. default really shouldn't be an option, and it's something that should be avoided at all costs. we put this quick little date in there so that we can have the debate, have a vote, and then extend the debt ceiling as we know we have to. that's fine we have the issue of the debt and deficit in the long run. the issues of real importance because, one, we don't account for our expenditures the way businesses do, the way individuals have to. we get toking the for -- to account for them and ignore many of the long term implications, and if we put them in, it increases
CSPAN
Dec 11, 2012 9:00am EST
leader. mr. mcconnell: with the fiscal cliff fast approaching, i feel the need to point out something this morning that's perfectly obvious to most americans but which democrats in washington still don't seem to grasp. i'm referring to the fact that any solution to our spending and debt problem has to involve cuts to out-of-control washington spending. i know that might sound obvious to most people but for all the president's talk about the need for a balanced approach, the truth is he and his democratic allies simply refused to be pinned down on any spending cuts. americans overwhelmingly support some level of cuts to government spending as part of a plan to cut the federal deficit. yet, the president will not commit to it. he refuses to lead on the issue. the president seems to think if all he talks about are taxes and that's all reporters write about, somehow the rest of us will magically forget that government spending is completely out of control and that he himself has been insisting on balance. a couple of weeks ago we saw his plan. after four straight trillion-dollar deficits and t
CSPAN
Dec 13, 2012 12:00pm EST
-faith effort on both sides, but this fiscal cliff was created by law, passed by democrat and republican leaders and sent to the president. so this is clearly something we envisioned as the last straw, and let's hope it's one that we will avoid. correspondent cower will the distinguished majority whip yield for a question? mr. durbin: i would be happy to. mr. cornyn: i am a little confused. i don't know whether he is talking about the expiring tax provisions that will expire on december 31 as being manufactured or a bipartisan agreement? what part of this did we have a chance to vote on and create in a bipartisan fashion? mr. durbin: i thank the gentleman from texas. it was a bipartisan vote on the budget control act, which spelled out how we would reach this terrible moment if the supercommittee failed. and i sincerely hope we never reach this moment, that there is a good-faith effort by both parties to avoid it. mr. cornyn: mr. president, if the senator would yield for one last question -- mr. president, my understanding of the fiscal cliff is going to be caused by the expiration of various tax provisions that have been in place for 12 years, the so-c
Search Results 0 to 8 of about 9